Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit−0.120%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1401.403% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 4 days (all we have)+0.110%+$11 · spread now −0.120%, 7d avg −0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.072% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GLMUSDT | 0.1246 | 0.0100 | pay 0.0050% / 4h | 3h 04m | $623K | $249K | 25x |
| Short | OKX GLM-USDT-SWAP | 0.1244 | 0.0100 | get 0.0050% / 4h | 3h 04m | $436K | $393K | 20x |
Bybit GLMUSDT
OKX GLM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.120% → −0.048%
- −$7.21
- Slippage, 4 orders
- −$119.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$147.55
- Costs to cover
- 1.403%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 60 min ago; OKX: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 60 min ago | 0.40 bp | 34.7 bp −$35 | 831.5 bp −$8,315 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 4.82 bp | 28.0 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
GLM on 8 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GLM-USDT | +0.0070% | 4h | 0.1246 | +0.072% | — | $1.3M | — | as long as short |
| Binance GLMUSDT | +0.0100% | 4h | 0.1243 | −0.191% | $1.6M | $1.4M | 50x | as long as short |
| Bybit GLMUSDTlong | +0.0100% | 4h | 0.1246 | long leg | $623K | $249K | 25x | |
| OKX GLM-USDT-SWAPshort | +0.0100% | 4h | 0.1244 | −0.120% | $436K | $393K | 20x | |
| Gate GLM_USDT | +0.0100% | 4h | 0.1245 | −0.048% | $71K | $49K | 50x | as long as short |
| MEXC GLM_USDT | +0.0100% | 4h | 0.1243 | −0.201% | $5.4M | $117K | 50x | as long as short |
| Bitget GLMUSDT | +0.0100% | 4h | 0.1245 | −0.048% | $312K | $202K | 25x | as long as short |
| Variational Omni GLM | +0.0100% | 4h | 0.1244 | −0.111% | $8K | $493 | — | as long as short |
BingX GLM-USDT
Binance GLMUSDT
Gate GLM_USDT
MEXC GLM_USDT
Bitget GLMUSDT
Variational Omni GLM